HgCapital in Swedish deal

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UK private equity group HgCapital is set to buy Swedish disability care service company Frosunda in a €130m (£112m) deal. HgCapital is set to buy the firm from Danish buyout group Polaris. The deal, which requires regulatory approval, follow’s HgCapital’s bid for Acorn Care and Education earlier this year. It lost out to Canada’s Ontario Teacher’s Pension Plan.